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again at 4:15 p.m., and finally at 5:00 p.m. In order to plan <br /> • <br /> appropriately I need to have each of the EDA members fill out the form <br /> attached to this memo indicating which of the three times would be <br /> best for them to attend this presentation. Please fax the attached <br /> sheet indicating your desired time slot to me at 441-7425 as soon as <br /> possible. <br /> MediCord, Inc. is a company which intends to continue development of, <br /> and market, a medical unit for in-home use which will facilitate the <br /> measurement and recording of basal body temperatures, and <br /> additional product lines related to this market. MediCord is currently <br /> in the process of raising capital in the amount of approximately <br /> $500,000 for the purpose of initial marketing of its products. After <br /> successful completion of this stage of the product marketing and sales, <br /> the company expects to seek as much as $2 million of additional equity <br /> for the purpose of establishing full manufacturing capabilities for its <br /> product line. <br /> MediCord was formed in April, 1996, and the company executive <br /> offices are currently located at the home of Mr. Hugh Ferguson, Coon <br /> Rapids, Minnesota. <br /> • MediCord and MAS Technologies have both requested funds from, and <br /> are scheduled to appear before the Investment Advisory Board of the <br /> Anoka/Sherburne County Capital Fund on Wednesday, January 22. <br /> c: Tim Keefe/John Ylvisaker Larry Hickman <br /> MAS Technologies Furniture & Things <br /> 1408 North Star Drive 16820 Highway 10 <br /> Zumbrota, MN 55992 Elk River, MN 55330 <br /> Hugh Ferguson <br /> MediCord, Inc. <br /> P.O. Box 48567 <br /> Coon Rapids, MN 55448 <br /> Harlan Jacobs <br /> Genesis Business Centers <br /> 3989 Central Avenue NE <br /> Minneapolis, MN 55421 <br /> • \\elkriver\sys\shrdoc\eda\meetings\biprosp.doc <br />